News Analysis: Chinese central banker calls on the Fund to adjust
The People's Bank of China has had its fair share of advice from the Fund over the last few months. In October it returned the compliment. Li Ruogu, a deputy governor at the People's Bank of China, took the Fund to task for being run like an old-boy club. It has not moved with the times and, perhaps more damningly, has abandoned the principles used for allocating quotas, which decide the number of votes a country has.
Much has changed in the world but not enough has at the Fund, according to Li
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com